All Forum Posts by: Steven Long

It depends on what your criteria is, mine is limited to the Provo, Springville, Mapleton and Spanish Fork Areas.

So are you into rehabs or apartment buildings?

Steven-Utah

How would one search tax records, what would you look for, and where would you go to search them.

I am trying to find repeatable end buyers

Thanks for any info

Steven - Utah

Thanks for the replies

First I want to sell land. What does a broker, do, and about how much do they charge (I know different area will charge different amounts, but at least it will give me an idea). And do I really need a broker?

And Second, where would I look for recent sales at?

Thanks for the replies

What if I got the $10 Option Contract for a year, but... lets say the land was worth $80,000, and I offered to buy it in one year for $160,000 (if I find an End Buyer, that is willing to pay ... Say $500,000)

Would you wait a year to sell your land for $160,000??? If you don't know who the End Buyer is.

I am also looking for investors who might have solutions as well. 

Example: The land that I am currently looking at is 40 Acres for $80,000 and is zoned for either Commercial or Industrial

My FLAWED plan is with questions:

1- Find Land to buy (where at?) What would you offer to buy it for? I am thinking about starting at 15% of Asking.

2- Send a non-binding letter of intent, that explains what I am doing also send it with a proof of funds letter from a transactional funding source (Who do you use)

3- Negotiate a price

4- Write up and $10 Option contract

5- Run over to a Title/Escrow office to record it, so the Seller doesn't try to sell it from under me (Is that the right way to protect me?)

6- Due diligence (What sort of information do I need for land sales? And where are free places to get that information?)

7 Find a REAL End Buyer (Where at?) that will place a non-refundable deposit in to Title/Escrow (What is a good amount to ask for $$$)

8- Notify the Transactional Funding site about both my Seller and End Buyer and that the End Buyer has cash in the Title/Escrow Account (Don't know if this is the right step?)

8- Close and get paid

9 -REPEAT

Thanks for any Help

Steven-Utah

Where do you find investors or corporations that are looking to buy Commercial or Industrial Land for sale?

And what sort of questions should I ask to find out what there criteria are?

Where do I go to find out information about Utah Tax Deeds?
How much money do I need to start?
How do I do due diligence?

I am looking for property that didn't sale at their last auction.

Thanks for any info
Steven
[EMAIL REMOVED]

Is there a nation wide title company that does double closings and provide contracts?

Preferably in Utah.

Thanks
Steven

Not sure what forum to go to to find out more about assignment of contracts.

Thanks for any help